About Us

About Us

A Firm You Can Trust

Since 1994, Shah Investors has been a leader in financial services, with the scale and stability to help bring you valuable opportunities. Our priority is managing wealth with the highest standard of care and providing financial advice to help support your goals at any stage of life. We value our client relationship as one of our own and the advisory is created keeping in mind your personal financial goals.

Our success lies in your financial well-being. Some of our clients speak for us. Their goals and disciplined investments have helped them achieve their personal milestones happy.


Our Vision

Our vision is to simplify investment tasks for all clients by utilizing our knowledge of the financial markets and technical expertise. We envision seamless integration of various financial services and products to create educated and satisfied class of investors.

Our Mission

Our Mission

Shah Investor's Home Ltd was established with a mission to provide trustworthy financial services under one roof. We strive to provide customized solutions for wealth creation and wealth growth resulting in high level of customer satisfaction with uncompromised integrity. Managing one's financial future can be easy, worry-free and more exciting with our help.

Core Values

Customer Satisfaction Understand client requirements and do things right the first time. Deliver innovative products and services with the latest technology.

Discipline Making and meeting commitments while paying attention to details.

Corporate GovernanceConduct business with uncompromising integrity and transparency. Maintain ethical standards.

awards and recognition

With the investors’ trust in SIHL, we have been able to make a mark in creating wealth for investors and get recognized for the same in form of awards consistently. We have been receiving NSDL – Star Performer Award for Highest Active Accounts and Highest Asset Value consistently.

Investment Advisory

Beyond Business

SIHL has fulfilled Social responsibilities also. SIHL has been associated with Blind People’s Association, Apang Manav Mandal and Various other institutions. SIHL has provided fund to encourage all physically and mentally challenged people. Management personally has taken interest into their growth. Moreover, Director of the Company has set up trust “Vimal jyot Charitable Trust” in 1992 with the singular vision of upliftment of people who are less fortunate to avail medical treatments, pursue careers and aspirations in the various fields like provide medical treatment to stray animals and to renovate Schools and Deharasar. This trust gives hope and economic opportunity to each community families in need Trust provides Food, Medicines, financial assistance to students with monitoring, guidance and encouragement.


Now a trusted financial service provider for more than 100,000 clients, SIHL operates at major business locations with more than 350 franchisees and 45 branches.

The group has transitioned through many important milestones to reach this level:


Membership of Capital Market Segment of National Stock Exchange Ltd (NSE)


Membership of National Securities Depository Ltd (NSDL); the first DP in Gujarat


CTCL facilities to sub-brokers


Trading and Clearing Membership of F & O segment of NSE; again the first one in city of Ahmedabad


Membership of Central Depository Services (I) Ltd. (CDSL)


Membership of Capital Market Segment of Mumbai Stock Exchange (BSE)


Launched website www.shahinvestors.comnow


Started Internet Trading, NRI Services in NSE, BSE


Trading and Clearing Membership of F & O segment of Mumbai Stock Exchange (BSE)


Gujarat's first Brokerage House to achieve ISO9001:2000 Certification, now ISO9001:2008 Certification


Started Mutual Fund, Fixed Deposit and Insurance Services


Trading and Clearing Membership of NSE Currency Derivatives Segment (NSE-CD)


Trading and Clearing Membership of MCX Currency Derivatives Segment (MCX-SX)


Membership of National Spot Exchange Ltd. (NSEL)


PMS Services started. SEBI Registered Portfolio Manager


Operations started in Mumbai focusing Institutional clients


In-house ERP developed and released for all branches & franchises with online module for clients


VMWare based virtualized environment setup for trading and back-office operations


Market Maker of BSE SME


General Insurance business started


Membership in Capital Market and Future & Option Segment of MCX Stock Exchange Ltd.


Real estate investment advisory services launched


Launch of Global Investment Advisory enabling clients to invest in overseas investment opportunities.

SIHL Commodities Ltd.

Registered with SEBI as a Commodities Broker

Member of Multi Commodity Exchange of India Ltd (MCX)

SIHL Consultancy Ltd.

Consultancy services related to dematerialization of securities, Distribution of Fixed Income etc.

SIHL Fincap Ltd.

Registered with the Reserve Bank of India (RBI) as a Non-Banking Finance Company (NBFC)

SIHL Strategic Advisors Private Limited

Acts as a management consultant and Advisor for various Investments options

Provides financial advisory services

SIHL Global Investments (IFSC) Pvt. Ltd.

SIHL Global Investments Advisory

India is emerging as one of the most robust economies attracting investments from across the globe. Simultaneously, RBI has made it relatively easy for Indian Citizens exploit the Investment opportunities offered by markets across the globe.

At Shah, we call it Investors’ Home, hence considering investors who look for global investments, we have come up with a dedicated vertical which opens up pathways of Global Investments for Indian Investors. Overseas Investments provide the critical component of portfolio diversification as they can take the advantage of various growth factors at different periods across geographies and currencies

We have setup a subsidiary company called SIHL Global Investments (IFSC) Pvt. Ltd. at GIFT City. This company is among the first members of the international exchanges setup at the International Financial Services Center (IFSC) setup at the GIFT City SEZ. SIHL Global has taken up memberships of India International Exchange Ltd. (setup by BSE) and NSE IFSC Limited (setup by NSE).

With 20+ years of experience in the overseas investment landscape, SIHL aims to provide investment advisory, trading and related services to eligible customers on these as well as other international platforms.

Board of Directors


Mr. Upendra T. Shah is the Chairman and Director of Shah Investor’s Home Limited. He is Bachelors in Commerce and LLB and is the Promoter of the Shah Investor’s Home Limited. He entered into the business of stock broking by taking membership of ASE in 1980 for his proprietary firm.

He formed Shah Investor’s Home Limited in October 1994 with a goal to serve investors in transparent and trustworthy manner and provide all financial services under one roof. The visionary in Mr. Upendra Shah also ensured that SIHL was the first broking house in Ahmedabad to offer trading in NSE F&O segment and the first DP in Gujarat to offer Depository services in NSDL. With his ultimate management & accounting skills, company’s performance has always shown an upward trend. Under his leadership, the company has been a profitable and dividend paying entity since inception. Even during the biggest stock market crashes, the company has generated positive results by staying on the path charted out by him. Building a long-term business by giving back more to investors, employees and society is his main “Mantra”.


Mrs. Purnima U. Shah is a Director of Shah Investor’s Home Limited. She is Masters in Statistics from Gujarat University. She is a promoter of the Shah Investor’s Home Limited and part of the senior management team since the inception of the SIHL Group and has been the motivating force behind SIHL. Her qualification as well as rich professional experience, has always provided the Board with the guidance and inputs needed for the growth of the company. She believes in hard work and high ethical standards for building sustainable long-term business. Mrs. Purnima Shah is actively involved in monitoring administrative aspects of various segments at SIHL. She has been instrumental in setting up transparent accounting systems enabling rich long-term client relationships. Company’s performance has also witnessed consistent benefits through these practices.


Ms. Preeti U. Shah is a Director, Wholetime Company Secretary and Member of the Management Committee & Stakeholders Relationship Committee of Shah Investor’s Home Limited. Ms. Preeti Shah is a Company Secretary (CS) by qualification and has rich experience of more than 18 years in financial consultancy, compliance and legal services. She is overseeing all legal and compliance tasks like Submission of Annual Returns, Annual Compliance Reports, Internal Audit Reports etc; managing board resolutions like changes in Shareholding Pattern & Directors; managing Investor Grievances, Arbitration Hearing, KYC Guidelines as well as Handling of the Inspection Department at SIHL.

She holds various NISM / NCFM certifications required by SEBI related to derivatives, compliance, mutual funds and well as operational and risk management aspects. Her handling of the compliance tasks has resulted in streamlined and rational internal practices resulting in SIHL being one of the most compliant entities in the industry. This is visible by looking at almost non-existent customer complaints as well as compliance violations at SIHL as reported on regulator portals.


Mr. Tanmay U. Shah is the Managing Director (MD) & Chief Financial Officer (CFO) of Shah Investor’s Home Limited. Mr. Tanmay U. Shah is Bachelors in Commerce. He has joined the company in the year 2003 and has actively contributed to the growth of SIHL and group companies over the last 20 years. He has played key roles in brand building and strategy development for the growth of the company. The logo of the company was his creation and the brand SIHL became household name in Gujarat due to his initiatives. He has been instrumental in setting up institutional trading business vertical in Mumbai.

Under leadership of Tanmay, the Equity Research department has provided great investment insights for the company’s proprietary as well as advisory portfolios. He is the driving force behind identifying highly profitable investment ideas with limited downside. His investment strategies have yielded great returns for the company during the bullish and bearish phases alike.


Mrs. Trupti Shah is a Director and member of the management committeeof Shah Investor’s Home Limited. Mrs. Trupti Shah holds BE in Mechanical Engineering from Gujarat University and MS in Computer Engineering from Florida Atlantic University, USA. Before joining to Shah Investor’s Home Limited she worked with Intel Corporation, USA for 4 years. She held a key management position in factory automation software development group.

She joined the board in 2008 and is presently looking after human resources, employee training, and software development aspects of the business. She is responsible for bringing about large scale improvements in employee communication, teamwork and customer satisfaction at the company. Systems she has put in place for continuous monitoring of internal and external communication has resulted in improvement of many operational processes of the company. She holds various NISM certifications required by SEBI related to equity and currency derivatives, mutual funds and insurance distribution.


Mr. Utpal P. Shah is a Director and Member of CSR and Stakeholders Relationship Committee of Shah Investor’s Home Limited. Mr. Utpal Shah holds BE in Electronics and Communications Engineering from Gujarat University and MS in Electrical Engineering from the University of Florida, USA. Before joining his current position in 2008, He worked with Intel Corporation, USA for 9 years. He acts as designated compliance officer of Shah Investor’s Home Limited with exchanges and depositories. He held various management positions in design operations groups at Intel Corporation. He is looking after strategic planning, new business initiatives and all aspects of day to day administration. He brings rich experience and strategies for operational excellence and planning for the benefit of the company. Utpal heads the industry outreach at SIHL interacting with various government and non-government bodies to help shape policy decisions in the financial services sector in India.

He has set up new business verticals like Distribution, Financial Planning & Portfolio Advisory as well as dedicated NRI investment desk. Global Investment Advisory and International Exchange memberships at GIFT IFSC are also latest initiatives he is spearheading for the company. Utpal holds various NISM certifications related to equity & currency derivatives, compliance, securities operations and risk management, investment advisory, depository operations, mutual fund and insurance distribution, etc.

Our Team Members


Mr. Punjabi is the founding member and Director of the SIHL group and has more than 30 years of experience in the Financial Markets. He started his career with Mr. Upendra Shah right after HSC exam in Financial Markets. His experience and operational expertise in all segments of capital markets viz. cash, F&O, Currencies & Commodities has helped in the substantial growth of the company while managing risk at all times.

Mr. Rajesh Punjabi leads the Equity and Commodity Broking business which comprises of business development, operations and risk management. He oversees all financial activities for the group. His has helped the company take firm and bold administrative decisions at all crucial times, leading to risk managed growth for the company. Mr. Punjabi is also director in various advisory bodies including at the Metropolitan Stock Exchange Ltd.


He heads the Information Technology department at SIHL and is responsible for keeping SIHL on the forefront of technological advances. Mr. Jinal Shah has been associated with the company since year 2000 and has held various positions in software development, IT infrastructure setup, branch setup, business process transformation, etc.

Independent Director


Mr. Bhishmak Soni is an Engineer and has a MBA degree from IMT Nagpur which brings a plethora of skill sets on the table, both on technical and practical front in terms of understanding the currently prevailing and future market trends.

Mr. Soni has had good stints at managerial positions with reputed national level food-tech unicorn where he is not only responsible for the extraordinary growth of the company but has also displayed tremendous leadership skills managing the top line business for the entire city.

It is said that one must maintain work-life balance, and that's exactly what Mr. Soni also believes in, having his focus on making this world a better place to live in his spare time. Along with being a Life Member of Indian Red cross Society and a regular blood donor he is also a member several Ngo's and has also served for educating the underprivileged kids of Municipality Schools on weekends.


Amit Doshi , an Engineer with a PG Diploma in Management, is an astute professional with an experience of 39 years in diverse areas like Strategic Planning,Marketing, Sales , Service ,New Business Development, HR , Project Engineering , Mass Media and worked with Forbes ,HITACHI , Dainik Bhaskar & CADILA PHARMA as Key Management Person namely CAO / COO / Executive Director

He is also the Honorary Treasurer at Ahmedabad District Branch of the Red Cross Society of India.

An avid traveler &collector, his huge collection of Shot glasses from various countries has now been officially recognized too.

SIHL House, Opp.Ambawadi Jain Temple, Nehrunagar Cross Roads, Ahmedabad-380015

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SEBI INZ000167335 Member Code: NSE-07590 BSE Sebi Regn. 943 AMFI ARN- 39843 SEBI Registration No. (DP)- IN-DP-465-2020 NSDL:IN-DP-NSDL-34-97,DP ID:IN300343 CDSL:IN-DP-CSDL-199-2003,DP ID:12029300 Approved person Registration no. with NSDL Database Management Limited(NDML) :IRDA/IR1/2013/004Approved person Registration no. with Center Insurance Repository Limited (CIR): IRDA/IR2/2013/123


810, X-Change Plaza, DSCCSL (53E), Road 5E, Block 53, Zone 5, Gift City, Gandhinagar 382355



SIHL House, Opp. Ambawadi Jain Temple, Nehrunagar Cross Road, Ahmedabad-380015.

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